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Illumina (ILMN) gross margin by quarter

Illumina's gross margin was 73.5% in Q3 2026 (third quarter 2026), +7.1 pts from Q2 2026. Over the last 7 quarters it ranged from 65.5% (Q4 2025) to 73.5% (Q3 2026).

Illumina gross margin by quarterIllumina gross margin by quarter65.6%Q1 202565.6%Q2 202567.6%Q3 202565.5%Q4 202566.1%Q1 202666.4%Q2 202673.5%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202673.5%+7.1 pts+5.9 pts
Q2 202666.4%+0.4 pts+0.8 pts
Q1 202666.1%+0.6 pts+0.5 pts
Q4 202565.5%-2.1 pts—
Q3 202567.6%+2.0 pts—
Q2 202565.6%+0.0 pts—
Q1 202565.6%——

Q3 2026 at a glance

Illumina, Q3 2026: revenue $1.1B (+4% year over year), operating margin 27.0%, net earnings $220M, operating cash flow $419M. The chart follows the revenue to costs, profit and cash.

Questions

What is Illumina's gross margin?

Illumina's gross margin was 73.5% in Q3 2026 (third quarter 2026), +7.1 pts from Q2 2026.

How has Illumina's gross margin changed?

Over the last 7 quarters it ranged from 65.5% (Q4 2025) to 73.5% (Q3 2026).

Q3 2026 results → · How Illumina makes money →